When we heard there had been another earthquake following Haiti's, this time in the Cayman Islands, like everyone else we worried.

Thankfully, all is well.

"We had a major tremor, but we're fine," said one woman at Solomon Harris, a law firm located in the Caymans.

"Everything is back to what it was like before 9:23 this morning," one of the firm's partners, Paul Scrivener, told The Business Insider.

Reuters reported that the quake hit the Cayman's hedge fund center. We hear they're fine too. Specific fund names have kept quiet, but UBS, Fortress and Citco are apparently among those funds that are safe and sound after this morning's brief scare.

Anyway, "as you know, it's only the hedge fund administrators that are down here," Scrivener told us. "The managers are back in London, New York..."

The Cayman's is a major offshore financial center for hedge funds because unlike in the U.S., where hedge funds might soon have to deal with the carried tax and big banks are facing a huge tax, in the Caymans there is no mechanism in place for taxation, so hedge funds can profit tax-free.